Changes

A hedge fund is an investment fund limited to 100 investors.  As only 'accredited investors' are allowed, the reporting by such funds is exempt from may SEC reporting requirements.  While similar in many ways to mutual funds, the aformentioned lack of SEC regulation allows them to pursue much more aggressive strategies.

A hedge fund is an investment fund limited to 100 investors.  As only 'accredited investors' are allowed, the reporting by such funds is exempt from may SEC reporting requirements.  While similar in many ways to mutual funds, the aformentioned lack of SEC regulation allows them to pursue much more aggressive strategies.